How long does grant of probate take?
A grant of probate (or, if there is no Will, a grant of letters of administration) is the document produced by the Probate Registry, proving that the Executor has the right to manage, collect and distribute assets from a deceased person’s estate.
A grant is not always required, usually if assets were held jointly by the deceased and another person or are relatively low in value. However, in other cases, a grant will usually be required the asset can be transferred or sold.
If a grant is required then the Executors will need to value all assets belonging to and all debts due from the estate, arrange payment of any Inheritance Tax due before the grant can be issued, and then apply for the grant of probate itself.
The Probate Registry usually issues the grant of probate within two to three weeks of the application being submitted.
The amount of time required to reach the point where the application can be made depends on the nature of the assets which require valuation and, if inheritance tax is due, the need to calculate this tax, to make funding arrangements, and then once paid to obtain the necessary receipt from HMRC to enable the application for probate to proceed.
In a straightforward case, it might take in total between one and three months to obtain a grant, and in a more complex situation, it could take between three and six months.
There is no deadline for applying for a grant, but if inheritance tax is payable, interest starts being charged on any inheritance not paid within six months of death.
Our Wills and Probate team advise varied clients, all looking to protect their finances, property, and other valuable goods after they’ve died. We recognise how important it is that this is done correctly, to provide peace of mind to everyone involved.
We are on hand to help with any queries you may have in regards to estate administration and probate applications. Our Wills and Probate solicitors are based in Wakefield, Dewsbury, and Horsforth. Feel free to call us on 0330 300 1103 or request a call back by clicking here.